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181  Other / Off-topic / Re: Scientific proof that God exists? on: October 07, 2014, 05:09:35 AM
to me, death makes 'life' significant

I concur.
182  Other / Off-topic / Re: Scientific proof that God exists? on: October 07, 2014, 04:23:24 AM

How do you know that their souls have not just been implanted from God, into their bodies, any time all the way back to conception? Implanting, not formation.

Smiley

I don't profess to know anything, you do. I'm agnostic remember. Wink

My best guess at the moment is that our conscious mind is a beneficial tool for survival and propogation of our genome. That in itself to me is beautiful and poetic and gives meaning to my life, that I am merely a small link in a much bigger chain and we are all connected from an information perspective. The religious books are all written quite tyranically, as if the reason for their writing was to cause man to fear one another.

To me "emergence" has much more poetic beauty than "creation", plans and blueprints, so linear and synthetic. And then who created the creator etc etc.

Of course if evidence were presented to me that would suggest otherwise then I would be quick to change my opinion, I keep an open mind. For example we all might get a popup window in our vision tomorrow saying "you are in a simulation", if that happend then it's something one would just have to deal with.
183  Other / Off-topic / Re: Scientific proof that God exists? on: October 07, 2014, 03:54:16 AM
What matter is torture? What matter is death?

Concern proving evident within your post are those of beast and man and, therefore, are hailed of nothing exceeding them.

Or as Solomon said, "Everything is meaningless."

After all, we die, and we haven't seen anyone come back to real life without re-dying sometime in the near future after he became alive again. The exception, of course, is Jesus, who arose from the dead within the 3 days after death, and then, 40 days later, ascended into Heaven, alive.

So, what is the benefit of writing anything or doing anything in life? We lose it all anyway, at death, right?

Smiley

But death matters because death is not the end and if the Bible is true (and I believe it to be based on many things proving it to be so) the end result of not seriously considering the consequences of death could be eternal torture.  In reality I believe that nothing matters more than considering our eternal souls.  

eternity...? you too greedy! let the children eat.
Indeed, they fail to consider annihilationism and other such theorizations.

There are just too many warnings in the Bible to support annihilationism.  Repeatedly in the Bible Jesus says that those that do not accept Him will be thrown into the blazing fire and that there will be the gnashing of teeth.  Does this sound like human's souls just cease to exist?

Many souls will be formed in the future, better than us, let go, everything's ok.

But still keep being the nice person you are  Smiley, you don't need a book for that do you? you feel it inside without needing a rule book, you feel empathy right?


That's a guess, isn't it, that souls will be formed in the future?

I contend that all the souls have been formed, and that the reason that God has not moved this creation into Heaven long ago is, if He had, there wouldn't have been time for the souls to live and believe in Him. Most would be lost. So, this life is for giving the souls that have been created a chance to be saved.

Smiley

That's one thing I know for sure, having watched my children being born with my own two eyes.

Souls are  forming as we speak, and those pure little nippers, you say they are lost. I say they see the clearest the moment they are born in a pure feral state, from that point on it's alot of nonsense, language, books and other such nonsense. But it can be fun (if you choose the right books).
184  Other / Off-topic / Re: Scientific proof that God exists? on: October 07, 2014, 03:41:28 AM
What matter is torture? What matter is death?

Concern proving evident within your post are those of beast and man and, therefore, are hailed of nothing exceeding them.

Or as Solomon said, "Everything is meaningless."

After all, we die, and we haven't seen anyone come back to real life without re-dying sometime in the near future after he became alive again. The exception, of course, is Jesus, who arose from the dead within the 3 days after death, and then, 40 days later, ascended into Heaven, alive.

So, what is the benefit of writing anything or doing anything in life? We lose it all anyway, at death, right?

Smiley

But death matters because death is not the end and if the Bible is true (and I believe it to be based on many things proving it to be so) the end result of not seriously considering the consequences of death could be eternal torture.  In reality I believe that nothing matters more than considering our eternal souls.  

eternity...? you too greedy! let the children eat.
Indeed, they fail to consider annihilationism and other such theorizations.

There are just too many warnings in the Bible to support annihilationism.  Repeatedly in the Bible Jesus says that those that do not accept Him will be thrown into the blazing fire and that there will be the gnashing of teeth.  Does this sound like human's souls just cease to exist?

Many souls will be formed in the future, better than us, let go, everything's ok.

But still keep being the nice person you are  Smiley, you don't need a book for that do you? you feel it inside without needing a rule book, you feel empathy right?

I wouldn't call death "annihilationism" not if you have kids, we are an expression of our DNA which is very old with much learning in it.
185  Economy / Speculation / Re: If you control the price on Bitstamp, you control it everywhere. on: October 07, 2014, 03:21:28 AM
All exchanges "want to go up", but until bitstamp does not move they cant go upper than $6-12 , so who is your daddy?
(yeah i know one reason is arbitrage and there is some other )

It's only arbitrage that links exchange prices. By the time you notice a price disparity across an exchange arbitrage bots will be on the case buying cheap and selling dear relieving the pressure until they can't cover fees.

In this case the "daddies" were the big bank arbitragers.

The wall builder made a nice "donation" to them and lost control of ~15k bitcoin in the process.

There's no mysterious voodoo control exerted by such behaviour other than establishing strong support at $300 thus increasing the chance that you will never be able to buy your coins back at the price you let them go for.
186  Other / Off-topic / Re: Scientific proof that God exists? on: October 07, 2014, 03:08:53 AM
What matter is torture? What matter is death?

Concern proving evident within your post are those of beast and man and, therefore, are hailed of nothing exceeding them.

Or as Solomon said, "Everything is meaningless."

After all, we die, and we haven't seen anyone come back to real life without re-dying sometime in the near future after he became alive again. The exception, of course, is Jesus, who arose from the dead within the 3 days after death, and then, 40 days later, ascended into Heaven, alive.

So, what is the benefit of writing anything or doing anything in life? We lose it all anyway, at death, right?

Smiley

But death matters because death is not the end and if the Bible is true (and I believe it to be based on many things proving it to be so) the end result of not seriously considering the consequences of death could be eternal torture.  In reality I believe that nothing matters more than considering our eternal souls.  

eternity...? you too greedy! let the children eat.
187  Other / Off-topic / Re: Scientific proof that God exists? on: October 07, 2014, 02:48:32 AM
What matter is torture? What matter is death?

Concern proving evident within your post are those of beast and man and, therefore, are hailed of nothing exceeding them.

Or as Solomon said, "Everything is meaningless."

After all, we die, and we haven't seen anyone come back to real life without re-dying sometime in the near future after he became alive again. The exception, of course, is Jesus, who arose from the dead within the 3 days after death, and then, 40 days later, ascended into Heaven, alive.

So, what is the benefit of writing anything or doing anything in life? We lose it all anyway, at death, right?

Smiley

Our last shirts have no pockets, but our children make up the bigger part of what we are... life!
188  Other / Off-topic / Re: Scientific proof that God exists? on: October 06, 2014, 07:51:10 PM
We know soooo much. If the atheists had an ounce of brains at all, they would say something like:

"I don't believe there is any God. I don't think that science leaves an opening for the existence of any God. But since I don't know everything, just in case a God exists, I respect that a God Who deserves my reverence just might exist."

Brave, stupid atheists!

Smiley

Yup, best bet all round is to be agnostic, saying you know either way is a leap of faith.
189  Economy / Speculation / Re: 25k btc's are about to be dumped on just bitstamp on: October 06, 2014, 07:21:12 PM
there's surely no dump going on.

Cypherdog is the guy Dumping the 25k on Bitstamp! I bet 10 BTC it is him. Early adopter has about 100k BTC, been Dumping in bunches of 25k - 30k the last 48 hours.
Believe me ist him. He wants to cash out.

Nah, he'd have inched the wall up to maximise fiat income, he knows not to waste market pressure.

That wall stayed at $300.00 for 8 hours.
190  Economy / Speculation / Re: 25k btc's are about to be dumped on just bitstamp on: October 06, 2014, 07:02:58 PM
I tend to agree....so the market isn't scared of 300...would they freak at mid 200s?

Do you think they'll have a go at it to see?

Putting a 20k btc wall at say $250... it would be purchased immediately by all existing bids, any left over would be snapped up by a hoard of hungry pirhanas (arbitrage).

It would only drag global price down by about $10 for a short time and then rebound leaving strong support at 250.

If a low wall gets chewed through like this, it's a very bullish sign for the market.

Chinese markets actually finished higher at the end of the wall than they were at the start.

Chances are we may not see $300 again... ( of course I could be completely wrong here, la di dah  Cheesy )

LMFAO! A Bitcoin insider dumps over $7mil in coins & the dumb money throws their money into the casino thinking they know better........ wow.

The money that was thrown at that wall was not dumb gambling, it was sure fire profit.

Google "arbitrage".

The arbitrage signiature is plain to see on BTC China, I took advantage a little myself in the latter stages.

Real traders hold no emotional ties to either side of the equation (bitcoin or fiat).

The inevitable rise of bitcoin capital is a fundamental issue (not shared by all granted), but a real trader does not care if we're trending up or down, so long as there's short term movements and you can get on the right side of the majority of them then all is good, plus by actively trading you position yourself well to react to large moves.
191  Economy / Speculation / Re: 25k btc's are about to be dumped on just bitstamp on: October 06, 2014, 04:47:47 PM
he didn't just lose $400,000, assuming the calc is correct.

Occam's Razor indicates he also lost control of 30000 BTC.  that's even more important.  i don't buy the idea he bought his own wall.  too much lost in fees when he could just've taken it down.  and he could've backed it up for a higher price.

I think he lost control of ~15k BTC or so, with a good risk of not being able to buy them back < $300

So what's your best guess as to the cause of that wall?

Me, I'm thinking a very early adopter who recently had a big life change, got married planning kids or something? Thought he'd like his new family to live in style.
192  Economy / Speculation / Re: 25k btc's are about to be dumped on just bitstamp on: October 06, 2014, 04:44:31 PM
The wall builder lost about $300,000 doing this crazy move.


wall builder made what, 7-10 million so that's probably pocket change...pay 300k to make 10 million.

Did he? How do you come to this conclusion? Maybe he was speculating on a continuing drop, any by using the upswing from the flash-crash (if we may call it that), he was effectively using the combined buy-back power from everyone in order to liquidate his position at once.

The move was not good strategy, he should have monitored all other exchange prices to get a read on the real upward pressure being applied to his wall and moved his wall up accordingly. To just leave it at $300 and maybe go to bed was crazy.

The whole thing was orchestrated by the people that have been acquiring throughout the sell off, and is intended to spark off the next run up.

I guess these other guys can't possibly fathom that exchange insider whales would have enough funds and bitcoins to:

1.  Open large short positions at 600 (precisely on the 3D chart crossover to the downside)
2.  Start slowly selling off bitcoins to drive market down, putting up large sell walls along the way
3.  Drive a capitulation down to $275
4.  Set up their own 30K btc sell wall @ $300, and buy it back with small purchases to short cover without sparking a rally
5.  Remove all sell pressure after the short cover, allowing market to naturally rise

Naw, that couldn't possibly happen.  Nope.

I don't see how that would benefit the perpetrator? [4]... Selling on a public exchange, giving capital on a plate to arbitragers?

I'm not trying to be argumentative or know-it-all, I'm just trying to understand what went down.

Are you saying: The whale has enough coin held back that this was a sacrificial move that will give net gains in the future?
193  Economy / Speculation / Re: 25k btc's are about to be dumped on just bitstamp on: October 06, 2014, 04:03:16 PM
I tend to agree....so the market isn't scared of 300...would they freak at mid 200s?

Do you think they'll have a go at it to see?

Putting a 20k btc wall at say $250... it would be purchased immediately by all existing bids, any left over would be snapped up by a hoard of hungry pirhanas (arbitrage).

It would only drag global price down by about $10 for a short time and then rebound leaving strong support at 250.

If a low wall gets chewed through like this, it's a very bullish sign for the market.

Chinese markets actually finished higher at the end of the wall than they were at the start.

Chances are we may not see $300 again... ( of course I could be completely wrong here, la di dah  Cheesy )
194  Economy / Speculation / Re: 25k btc's are about to be dumped on just bitstamp on: October 06, 2014, 03:49:17 PM
Should have quietly sold little by little rather than trying to drive down the price.

It's entirely possible they've been doing that for the past few months.

^ This. It's pretty clear by now especially what just happened with the bitstamp wall. Whoever is doing this is driving the price down to either make short term profit from shorts, or preparing for a huge buy. Though, I do think their last plan to cause panic with the latest wall backfired and the market is finally showing resistance to any further price decline, but we will see.

Yeah but you would think such a move (market price ask wall of 20k btc) would be conducted at the beginning of a price drive down campaign, doing it now is risky, and we've just seen the result... the market almost chewed through it without needing to swallow... the wall was pulled when arbitragers started a buy frenzy (making a tidy sum that will probably be spent in the real world as fiat).

IMO the chances of that seller making future gains with that selloff are slim, he has produced a strong support at $300. I think we have tested the bottom, it's prolly up from here...
195  Economy / Speculation / Re: 25k btc's are about to be dumped on just bitstamp on: October 06, 2014, 02:00:03 PM
The wall builder lost about $300,000 doing this crazy move.


wall builder made what, 7-10 million so that's probably pocket change...pay 300k to make 10 million.

Did he? How do you come to this conclusion? Maybe he was speculating on a continuing drop, any by using the upswing from the flash-crash (if we may call it that), he was effectively using the combined buy-back power from everyone in order to liquidate his position at once.

The move was not good strategy, he should have monitored all other exchange prices to get a read on the real upward pressure being applied to his wall and moved his wall up accordingly. To just leave it at $300 and maybe go to bed was crazy.

And the point is, he's rich and we're not - what a stupid man  Roll Eyes

I didn't imply he was stupid, just a little crazy, not optimal way to sell coins.

Just discussing the whole situation as it's dramatic and interesting.
196  Economy / Speculation / Re: 25k btc's are about to be dumped on just bitstamp on: October 06, 2014, 01:44:45 PM
The wall builder lost about $300,000 doing this crazy move.


wall builder made what, 7-10 million so that's probably pocket change...pay 300k to make 10 million.

Did he? How do you come to this conclusion? Maybe he was speculating on a continuing drop, any by using the upswing from the flash-crash (if we may call it that), he was effectively using the combined buy-back power from everyone in order to liquidate his position at once.

The move was not good strategy, he should have monitored all other exchange prices to get a read on the real upward pressure being applied to his wall and moved his wall up accordingly. To just leave it at $300 and maybe go to bed was crazy.
197  Economy / Speculation / Re: 25k btc's are about to be dumped on just bitstamp on: October 06, 2014, 01:41:17 PM
The wall builder lost about $300,000 doing this crazy move.


wall builder made what, 7-10 million so that's probably pocket change...pay 300k to make 10 million.

He received about $4.2 million after selling ~14k coins

300k is like having a 7% withdrawal fee, that's an ouch for anyone.

He made arbitragers happy though, note he pulled the wall just after it started getting eaten hard, when the arbitrage gains started to rise against china.

Having had so much coin I'm guessing he's ridden over several bubbles/corrections in the past, a puzzling move for sure.
198  Economy / Speculation / Re: If you control the price on Bitstamp, you control it everywhere. on: October 06, 2014, 01:35:20 PM
The recent bitstamp $300 wall proved that you can't really control global BTC price as OP suggests.

...I was alseep when the wall got eaten.  What happened?

Here's a brief rundown...

https://bitcointalk.org/index.php?topic=812616.msg9102870#msg9102870
199  Economy / Speculation / Re: 25k btc's are about to be dumped on just bitstamp on: October 06, 2014, 12:37:48 PM
So the wall is gone for now, leaving a wide flat crater in the bitstamp price chart:



It looks like maybe ~14k bitcoins were purchased from it. Many being sold on other exchanges (arbitrage).

Most exchange users were probably oblivious to the wall and so it was driven over with just a bump.

Below we can see that this big wall only put a temporary 5% dent in BTC-China:



The wall builder lost about $300,000 doing this crazy move.

Very bullish news for bitcoin.

You hodling yet? maybe you should....

200  Economy / Speculation / Re: 25k btc's are about to be dumped on just bitstamp on: October 06, 2014, 04:20:27 AM
No one is selling cheaper  Shocked No one wants to sell  Huh

I see a couple of small orders <1btc sneaking in at 299.xx now and then.
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